NutriPure Beverages, Inc. Signs Definitive Equipment Purchase Agreement in Preparation of Initial Product Launch
September 23 2009 - 9:00AM
Marketwired
NutriPure Beverages, Inc. (PINKSHEETS: NBVG) and its subsidiary XND
Technologies, Inc. announced today that they have signed a
definitive purchase agreement with deposit for a complete medical
grade filling line from Langenberg Research in Eugene, Oregon, and
financing is in place to cover all of the applicable cost
associated with the equipment purchase transaction. The equipment
is scheduled to be picked up on October 5, 2009 and will be
delivered to NutriPure's new manufacturing facility in Arizona.
Once installed, the equipment will be used for the production of
the Nu2O bottled water products. Once production is initiated
NutriPure expects to generate sales within the first 12 months of
approximately $10,885,500. The company believes that it is still on
target to have the first of its Nu2O products available in the late
4th quarter of 2009. This move marks one of the final steps in
NutriPure's preparation for its initial product launch, and also
adds a significant asset to the company's books. The company also
announced that its updated financials are near completion and will
be updated on PinkSheets within the next 7-10 days.
For more information visit www.nutripurebeverages.com.
ABOUT NUTRIPURE BEVERAGES, INC.
NutriPure Beverages, Inc. is bringing to market a complete line
of premium bottled water products using a patented process that is
more efficient and less costly than others currently in use. This
unique process adds organic nutrients to water without adding
masking flavors, colors or sweeteners, yielding premium enhanced
water products that contain no calories, no carbohydrates, no
colors and no extraneous flavors of any kind. The company intends
to market a full line of water products to compete with currently
available products including VitaminWater and SmartWater. Nu2O
products will include a vitamin water, a weight loss formulation,
an immune booster, an energy and fitness drink, and more. The
company plans to launch its first Nu2O products in late 2009 and a
total of 13-15 products within 12-15 months after the initial
launch.
Safe Harbor Statement: This release contains forward-looking
statements with respect to the results of operations and business
of NutriPure Beverages, Inc., which involves risks and
uncertainties. The Company's actual future results could materially
differ from those discussed. The Company intends that such
statements about the Company's future expectations, including
future revenues and earnings, and all other forward looking
statements be subject to the "Safe Harbors" provision of the
Private Securities Litigation Reform Act of 1995.
Contact: Kenyatto Jones CEO (949) 400-5963
Nutripure Beverages (CE) (USOTC:NBVG)
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